Indo Count Industries Limited

rs,

Mumbai – 400 051 BSE Limited Department of Corporate Services Floor 25, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 Company Symbol : ICIL Scrip Code No. : 521016 Subject: Investo

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t ready for the upcoming opportunities in the sector.” 3 SALES VOLUME PERFORMANCE in million meters 9M Performance QoQ Performance 58.1 54.3* 19.1* 20.5* Annual Performance FY23 Volume Guidance

Rs. 2,233

NANCIAL HIGHLIGHTS Volumes Total Income EBITDA & Margins PAT & Margins 54.3 Mn Mtrs 9MFY23* Rs. 2,233 Crs Rs. 339 Crs Rs. 182 Crs Margin 15.2% Margin 8.2% Q3FY23* 14.7 Mn Mtrs Rs. 662 Crs Rs. 78

Rs. 339

HTS Volumes Total Income EBITDA & Margins PAT & Margins 54.3 Mn Mtrs 9MFY23* Rs. 2,233 Crs Rs. 339 Crs Rs. 182 Crs Margin 15.2% Margin 8.2% Q3FY23* 14.7 Mn Mtrs Rs. 662 Crs Rs. 78 Crs Rs. 38

Rs. 182

Total Income EBITDA & Margins PAT & Margins 54.3 Mn Mtrs 9MFY23* Rs. 2,233 Crs Rs. 339 Crs Rs. 182 Crs Margin 15.2% Margin 8.2% Q3FY23* 14.7 Mn Mtrs Rs. 662 Crs Rs. 78 Crs Rs. 38 Crs Margin 1

15.2%

A & Margins PAT & Margins 54.3 Mn Mtrs 9MFY23* Rs. 2,233 Crs Rs. 339 Crs Rs. 182 Crs Margin 15.2% Margin 8.2% Q3FY23* 14.7 Mn Mtrs Rs. 662 Crs Rs. 78 Crs Rs. 38 Crs Margin 11.8% Margin 5.7%

8.2%

AT & Margins 54.3 Mn Mtrs 9MFY23* Rs. 2,233 Crs Rs. 339 Crs Rs. 182 Crs Margin 15.2% Margin 8.2% Q3FY23* 14.7 Mn Mtrs Rs. 662 Crs Rs. 78 Crs Rs. 38 Crs Margin 11.8% Margin 5.7% * Includes

Rs. 662

9MFY23* Rs. 2,233 Crs Rs. 339 Crs Rs. 182 Crs Margin 15.2% Margin 8.2% Q3FY23* 14.7 Mn Mtrs Rs. 662 Crs Rs. 78 Crs Rs. 38 Crs Margin 11.8% Margin 5.7% * Includes Bhilad Unit 5 LONG TERM STORY R

Rs. 78

2,233 Crs Rs. 339 Crs Rs. 182 Crs Margin 15.2% Margin 8.2% Q3FY23* 14.7 Mn Mtrs Rs. 662 Crs Rs. 78 Crs Rs. 38 Crs Margin 11.8% Margin 5.7% * Includes Bhilad Unit 5 LONG TERM STORY REMAINS INTAC

Rs. 38

s. 339 Crs Rs. 182 Crs Margin 15.2% Margin 8.2% Q3FY23* 14.7 Mn Mtrs Rs. 662 Crs Rs. 78 Crs Rs. 38 Crs Margin 11.8% Margin 5.7% * Includes Bhilad Unit 5 LONG TERM STORY REMAINS INTACT • FTAs t

11.8%

Crs Margin 15.2% Margin 8.2% Q3FY23* 14.7 Mn Mtrs Rs. 662 Crs Rs. 78 Crs Rs. 38 Crs Margin 11.8% Margin 5.7% * Includes Bhilad Unit 5 LONG TERM STORY REMAINS INTACT • FTAs to create demand f

5.7%

5.2% Margin 8.2% Q3FY23* 14.7 Mn Mtrs Rs. 662 Crs Rs. 78 Crs Rs. 38 Crs Margin 11.8% Margin 5.7% * Includes Bhilad Unit 5 LONG TERM STORY REMAINS INTACT • FTAs to create demand for Indian Hom

“Crores 31st Dec 2022 50.00 44.00 43.71 Increase in Home textile capacity from 90 mn metres to 108 mn metres Completed and ready but will be operational when ETP/RO facilities are installed by Q4 FY23 100.00 118.00 98.29 Commensurate addition in cut/sew facilities and additional Top of the Bed (TOB) capacity Work in progress.”

“Facilities will be operational by Q4 FY23 50.00 69.00 41.50 Total 200.00 231.00 183.50 ▪ The increase in investment amount is due to enhancement in ETP capacity and for complying with Maharashtra Govt.’s new norms of water recycling ▪ We expect the above capex to operationalize by Q4 FY23 ▪ ▪ The above is being funded through mix of internal accruals of Rs.”

“270 CRORES RATIONALE ▪ ▪ Proposed capex towards additional spinning capacity at Pranavaditya Spinning Mills with a total spindlage capacity of ~68,000 spindles Plan to spin specialised yarn Total capex of ~RS.”

“270 Crs PHASE 1 PHASE 2 COST OF THE PROJECT ▪ ▪ ▪ Cost: Rs.”

“▪ The above Project cost is being funded through mix of debt of Rs.”

“77 Crs is from debt 10 OUR JOURNEY 4 Years CAGR Revenue Growth of 15% EBITDA growth of 51% PAT growth of 82% Avg.”

“ICIL maintained CDP performance on one of the world’s largest global disclosure platform CDP (Carbon Disclosure Project) and received ‘B’ score which is higher than the average ‘C’ for companies across Asia as well as the globe for taking coordinated actions on climate issues The Higg Index delivers a holistic overview that empowers us to make meaningful improvements that protect the wellbeing of our factory workers, local communities, and the environment.”

“Indo Count has contributed towards Project Gigaton since inception for reducing GHG emissions through various initiatives.”

“5 Agriculture And Livelihood Our project ‘Gagan’, aims to impart Good Agricultural Practices to better cotton yield.”

“It has been providing guidance and services of various kinds to the Textile Industry.”

Guidance

1

Funded through mix of

1

Investor Relations Advisors

1

Guidance

78.2 75.8 73-75* 14.7* 63.0 9MFY22 9MFY23 Q1FY23 Q2FY23 Q3FY23 FY20 FY21 FY22 FY23E ➢ CY2022 ended on a muted note amidst uncertain economic backdrop and cautious consumer spending in international markets ➢ High inflation rates impacted US consumers’ outlook towards discretionary shopping which led to a sublime Holiday season. Consequently, our Q3FY23 volumes were impacted ➢ Amongst discretionary basket, wallet share saw a bias towards entertainment, travel and F&B * Includes Bhilad Unit volumes 4 CONSOLIDATED FINANCIAL HIGHLIGHTS Volumes Total Income EBITDA & Margins PAT & Margins 54.3 Mn Mtrs 9MFY23* Rs. 2,233 Crs Rs. 339 Crs Rs. 182 Crs Margin 15.2% Margin 8.2% Q3FY23* 14.7 Mn Mtrs Rs. 662 Crs Rs. 78 Crs Rs. 38 Crs Margin 11.8% Margin 5.7% * Includes Bhilad Unit 5 LONG TERM STORY REMAINS INTACT • FTAs to create demand for Indian Home textile industry • Various government initiatives to support Indian textile sector Stabilising cotton prices, reduction in freight cost will provide s

Funded through mix of

DEBT Rs. 175 Crs 9 STATUS OF RS. 270 CRS CAPEX ON MODERNISATION AND ADDITION OF SPINNING CAPACITY AT PRANAVADITYA SPINNING MILLS No. Project Description Status Amount Est. Amount spent 1. 2. Phase I Modernization of spinning capacity with Compact spinning technology Phase II New spinning capacity with Compact spinning technology Already Operational 100.00 94.40 Rs. Crores 31st Dec, 2022 Implementation in progress 170.00 63.00 Total 270.00 157.40 ▪ Phase I already operational. Phase II expected to be completed by March 2023. ▪ The above Project cost is being funded through mix of debt of Rs. 175 Crs and Internal accruals of Rs. 95 Crs ▪ The Company had incurred capex of Rs. 157.40 Crs as of Dec. 31, 2022, of which ~ Rs. 80.40 Crs is from internal accruals and Rs. 77 Crs is from debt 10 OUR JOURNEY 4 Years CAGR Revenue Growth of 15% EBITDA growth of 51% PAT growth of 82% Avg. ROCE of 18.9% Avg. ROE of 15.3% Delivered growth despite challenging economic cycles Increased focus on Fashion /

Investor Relations Advisors

Indo Count Industries Limited CIN: L72200PN1988PLC068972 Strategic Growth Advisors Pvt. Ltd. CIN: U74140MH2010PTC204285 Mr. K.R. Lalpuria, Executive Director & C.E.O kklalpuria@indocount.com Ms. Shikha Puri shikha.puri@sgapl.net | +91 9819282743 Mr. K. Muralidharan, Chief Financial Officer (CFO) k.muralidharan@indocount.com Ms. Manasi Bodas manasi.bodas@sgapl.net | +91 9821043510 www.indocount.com www.sgapl.net 40